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the pentagon's budget and still protect national security. former defense undersecretary michelle flournoy, if identify got that right -- michelle flournoy, i beg your pardon, she penned an op-ed in the wall street journal this week. joining us is aforementioned michele flournoy. michelle, or undersecretary, which ever you prefer -- >> michelle, please. >> i thought your piece was terrific. sequester or not, defense department is going to lose 10% of its budget and you think there are good ways to do it. walk us through some of the key points. >> i do think the defense budget will come under pressure, even if we do get a deal. there are ways to reduce costs go after the defense enterprise rather than balance the budget on the back of the force. first cutting unnecessary overhead. the pentagon and d.o.d. has grown by more than 100,000 civilians in the last decade. we can pare those back now that we're coming out of a period of war. >> i thought your civilian argument was great. we've been through these wars and you're saying you can take it right back down without losing any national securi
the pentagon. and really ambiguity on israel, too. is that possible that's why he was picked? >> well, actually, i think even more revealing when he said it doesn't matter what i think, i'm not in a policy role. in other words, obama has chosen a stooge who has no independent thoughts, who is not going to be in the way, who is simply going to be there as a plug so that he can continue to slash the pentagon budget. this was a five-car pile-up, larry. this was a fiasco, a debacle, whatever you want to call it. what happened in the hearing today is this shifted from an issue of ideology to an issue of competence. would we be willing to trust this man if he went in to go talk to the russians, if he went in to the middle east. i don't think anyone in good conscience looking at him can say he's prepared, he's sober, he has a grasp of these issues. it was an embarrassing performance. the worst in my lifetime, larry, and i'm not alone. a lot of mainstream reporters saying this was really bad. >> aw shucks, jennifer, i can think of many in your lifetime. >> oh, not as bad as this. >> i want to ask you o
article saying republicans would hit steep cuts hitting the pentagon. here is how the defense sector is fairing right now. shall we take a look if we don't have that, we will bring it to you when we do. john harwood, live in washington. hi, john. >> there is no more clarity around this budget sequester situation than there is about the italian elections that michelle was talking about earlier. you've got many republicans as well as democrats saying, either publicly or privately, oh, it's not that bad. if you're a democrat will it cut defense. some say okay, it'll cut spending overall. that's fine too. you have president obama with public pressure trying to convince the american people that bad things are going to happen and put pressure on republicans. he also sent senate remarks in the morning to the white house a way out for both sides. >> democrats, like me, need to acknowledge that we're going to have to make modest reforms in medicare if we want the program there for future generations and if we hope to maintain our ability to invest in critical things like education, research a
's not going to be any opportunity to cut pentagon spending in any serious way if you don't go over the cliff. so there is some stuff in there that i as a democrat don't like. but i think everybody's going to put something in the pot in order to balance the deficit. we did a lousy job in january on the tax side and i hope that -- i think it's better to go over the cliff than do a lousy job -- >> how many people do you know on your side of the field who actually agree with you? >> very few. look they're politicians. they want to spend as much money as they possibly can and they don't want to pay for it. >> who agrees with you? >> oh, i don't know. i bet -- oh, god, joe agrees with me. >> you forgot. the other thing, howard, and i'm just alluding to it, there will be no return to the bush era tax rates on anyone under $400,000? >> right. >> okay. so take that amount of money, whatever that is per year. how much do you need -- how many loopholes do you need to close? what is the marginal rate have to be on people above 400 to replace that potential revenue? it's 100%, isn't it? >> but i don't --
taking the civilian workers when our country is still at war at the pentagon and putting them on four days a week work is still waste. let those who think they've identified waste and no doubt there are efficiencies that can be found put their proposals forward and let those proposals be weighed in the context of a balanced approach. the question isn't whether we should leave any category immune. the question is whether we should have a balanced approach. and to assume, before anyone has laid out any kind of vision of how that $85 billion a year could be cut, that it must be possible and that everything else has to be ruled out seems to me to be a extraordinarily irresponsible approach. of course there are instances of waste in the federal government. there are also instances of huge unmet needs of diseases where we could find cures that save tens of thousands of people's lives in the next several years. but we're cutting the budget instead and denying ourselves the chances to find those cures. of infrastructure investments where we're risking more bridges collapsing and all we're doi
, you don't care. >> i guess, but i don't. i don't care. >>> the pentagon chief for the f-35 warplane is slamming his partner lockheed martin. he's accusing them of trying to squeeze every nickel out of the u.s. government faults them for seeing the long-term benefits of the project. >>> and tesla ceo eland musk vowing to pay back an energy deficit loan in half the time required by the government. the company receives a doe loan in 2010 and made the first payment of nearly $13 million in december. >> by the way, did you see yesterday -- remember we had -- there was a big debate about the test drive of the tesla in "the new york times." >> yeah. uh-huh. >> and phil lebeau -- >> went well. then edmonds did one yesterday. >> how did that go? >> not so well. the whole interior screen that sort of is the hub of the whole car, it stopped working. >> i don't understand this debate anyway. if you want to go a long trip like that, wouldn't you take a different car? rent a car or -- >> yeah. phil made the point. this is what you do -- >> andrew made the point, too. >> if you feel green and you
Search Results 0 to 5 of about 6